Courtesy: Gateway House
Over two centuries, the U.S. has amassed vast economic powers across the globe during and after the two World Wars , and sanctions slowly became an effective tool it used to achieve its foreign policy goals, becoming the global emperor of sanctions.
Courtesy: TDB
Financial intermediaries are critical lubricants for business, growth and development. The Indo-Pacific countries are industrializing, but smaller nations lag behind economically. The Quad countries can aid the advancement of the financial architecture in the Indo-Pacific by helping to develop an ecosystem, modelled on the examples of Japan and India.
Courtesy: UNODC
The Taliban's resurgence since 2001 has been largely funded by the creation of an opium economy and extortion. Now, with the withdrawal of U.S. troops, legitimate aid from Afghanistan and the freezing of Afghan funds abroad, the Taliban will revive its informal sources of finance to stay afloat. A look at the financing that brought the Taliban back to Kabul.
Courtesy: UAE Space Agency
After successfully developing Dubai and Abu Dhabi as aerotropoli or cities around an aviation hub the United Arab Emirates aims to become an astropolis, a hub of space tourism and human spaceflight. There is ample scope for UAE to cooperate on this with India, which is also its comprehensive strategic partner.
Courtesy: Samirsinh Dattopadhye Blog
Last month, at a hybrid meeting, the Foreign Ministers of India, the U.S., Israel, and the UAE set up a forum for quadrilateral cooperation. In the many issues discussed, the technology dimension shows the most potential for collaboration, with unique contributions of expertise and resources available from each country's tech hubs: Bengaluru, Silicon Valley, Dubai and Tel Aviv.
Courtesy: Ministry of External Affairs
COVID-19 unified G20 leaders at an extraordinary summit last week. An idea given a nudge by Prime Minister Narendra Modi, here was an opportunity for all participants to put together a plan and make a pledge for international cooperation, focusing on four main themes. Next, will they be able to turn words into action?
Courtesy: MEA/Flickr
The 2019 G20 Summit in Osaka on June 28-29, is the 14th meeting of the Group of 20 leaders. The G20 is the world’s most influential economic multilateral forum. It is the agenda-setting forum that develops and guides rules of global economic governance. Under the Japanese Presidency, this summit will be the first to discuss and establish the rules for the worldwide governance of data, including current hot-button issues like data localisation and data sovereignty. India has both a preparatory and a contributory role to play in the G20 this year. For in 2022, it will be the President of the G20. India must identify its agenda early on; its a weighty responsibility but also an opportunity to set the global economic agenda.
Courtesy: Sputnik News
Speakers at the seventh Atlantic Dialogues, held in Morocco earlier this month, discussed what the challenge to western dominance and China’s expansionism meant for their political and economic future
Economist Surjit S. Bhalla, who sits on the Prime Minister’s Economic Advisory Council, says all currencies, not just the rupee, have fallen against the U.S. dollar. Speaking to Gateway House’s Manjeet Kripalani, he elaborates on some diplomatic and domestic tools to stem the fall, even in an election year
Courtesy: Wikipedia
Experts at a recent conference on China’s Belt and Road Initiative, hosted in Istanbul, spoke of its many advantages to the region, but also on the challenges involved in attracting financing
